Historically, a best practice for billers was “zero-day” billing, or billing as soon after the date of service as possible. However, as the number of hiDWgh deductible health plans and self-pay patients has increased drastically over the last few years, this commonly held practice often does not consider this growing population.

In today’s world, the practice instead should be focused on “right-day billing,” or intentionally and precisely timing claim submission to run up against the patient’s deductible. As an essential part of a biller’s playbook now, this method can be processed through automated tools that can monitor the deductibles for you and let you know when to release claims, creating operational efficiencies, and, most importantly, more revenue.

Watch this presentation to learn:

• How right-day billing affects high deductible health plans and self-pay patients, accounts receivable bad debt, low revenues, and more
• How right-day billing optimizes claim submission timing, shifts financial responsibility back to the payers, and generates more revenue for your organization
• How considering payer mix is key to correctly timing claim submissions
• How right-day billing can increase patient satisfaction and decrease operational costs associated with write-offs